Page 

27  

TOTAL 

CAPITAL 

EMPLOYED 

(I+II+III) 

RETURN ON 

CAPITAL 

EMPLOYED 

(WACC x Average 

Capital employed) 

Note :  

 1 

Others would include all items other than network Elements. 

2. 

WACC  s Pre tax Weighted average cost of capital. 

3. 

Average Capital Employed is the average of capital employed at the beginning and closing of the 

Accounting period. 

4. 

Replacement cost Adjustment and Net Replacement Cost is relevant for reports prepared on the basis of 

Replacement Cost Accounting.